Unbound Group, formerly Electra Private Equity, is a British-based online company specialising in clothing and specialist footwear. It was listed on the

Alternative Investment Market AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market, Unlisted Securities Market (USM) that had been in opera ...

until going into administration in July 2023.

History

The company was founded by Michael Stoddart in 1976 as Electra Investment Trust.Electra bombshell on pay blew up 3i talks

The Independent ''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was publis ...

, 30 March 1999 In 1999, 3i made an unsuccessful hostile bid to take over the company. In 2005, Electra Partners Europe completed a spinout from its investment trust parent. In 2006, Electra Partners Europe renamed itself Cognetas. In August 2021, the company announced that, following the spin-off of its hospitality business Hostmore plc (the parent company of TGI Fridays in the United Kingdom), it would rename itself Unbound Group and transfer to the

. This took effect on 1 February 2022. The company subsequently converted to being a retailer of clothing and specialist footwear. The company went into administration in July 2023.

Activities

Since February 2002, the company has focused on the sale of clothing and specialist footwear.

References

External links

Official Unbound websiteYahoo Profile: Electra Private EquityHemscott Profile: Electra Private Equity
{{Authority control British companies established in 1976 Companies formerly listed on the London Stock Exchange Companies listed on the Alternative Investment Market